Metro FMR area · WY · HUD FY 2027

Cheyenne, WY Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Cheyenne, WY area is $1,228 a month, 12% above the Wyoming average and 30% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 17 ZIP codes range from $1,060 to $1,410.

$1,2282-bedroom FMR+$54 (+4.6%) vs FY 2026
$9631-bedroom FMRU.S.: $1,478
$49,120Income for a 2-bedroomat 30% of income
101,060Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,228/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Cheyenne, WY FMR	$1,228	$49,120	–
Wyoming average	$1,094	$43,742	–
U.S. average	$1,761	$70,432	–

Cheyenne, WY Fair Market Rents, FY 2027 vs FY 2026
Unit	Cheyenne, WY FY 2027	FY 2026	Change	Wyoming avg	U.S. avg	Income needed
Studio	$855	$809	+$46 (+5.7%)	$810	$1,379	$34,200
1 bedroom	$963	$917	+$46 (+5.0%)	$865	$1,478	$38,520
2 bedrooms	$1,228	$1,174	+$54 (+4.6%)	$1,094	$1,761	$49,120
3 bedrooms	$1,700	$1,633	+$67 (+4.1%)	$1,478	$2,266	$68,000
4 bedrooms	$2,053	$1,969	+$84 (+4.3%)	$1,813	$2,607	$82,120

Counties in this FMR area

Counties in the Cheyenne, WY FMR area
County	Residents in area
Laramie County, WY	101,060

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,230.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Cheyenne, WY
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
82001	$840	$950	$1,210	$1,680	$2,020	no change	1% below
82003	$860	$960	$1,230	$1,700	$2,060	+$60 (+5.1%)	about the same as
82005	$850	$960	$1,220	$1,700	$2,040	+$20 (+1.7%)	1% below
82007	$900	$1,010	$1,290	$1,790	$2,160	+$50 (+4.0%)	5% above
82009	$880	$990	$1,260	$1,740	$2,110	+$80 (+6.8%)	3% above
82010	$860	$960	$1,230	$1,700	$2,060	+$60 (+5.1%)	about the same as
82050	$860	$960	$1,230	$1,700	$2,060	+$120 (+10.8%)	about the same as
82052	$840	$940	$1,200	$1,660	$2,000	+$170 (+16.5%)	2% below
82053	$910	$1,040	$1,330	$1,840	$2,230	−$140 (−9.5%)	8% above
82054	$860	$960	$1,230	$1,700	$2,060	+$60 (+5.1%)	about the same as
82059	$1,000	$1,090	$1,350	$1,860	$2,200	+$30 (+2.3%)	10% above
82060	$880	$990	$1,260	$1,740	$2,110	−$50 (−3.8%)	3% above
82061	$880	$990	$1,260	$1,740	$2,110	+$80 (+6.8%)	3% above
82081	$830	$900	$1,160	$1,600	$1,930	+$70 (+6.4%)	6% below
82082	$1,060	$1,120	$1,410	$1,960	$2,340	+$30 (+2.2%)	15% above
82210	$870	$910	$1,110	$1,510	$1,850	+$30 (+2.8%)	10% below
82221	$760	$830	$1,060	$1,470	$1,780	+$30 (+2.9%)	14% below

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.